[/caption] The pilot program, managed by the EV Taskforce and led by members from Singapore’s Energy Market Authority (EMA) and Land Transport Authority (LTA), is working to create a complete ecosystem of EV stakeholders. Bosch Software Innovations, for example, is the charging service provider of the EV test bed project. A report by IDC Energy Insights found that a number of critical elements are required to create this EV ?ecosystem? including a network of supporting businesses, new technologies, and forward-looking government policies. Key elements of a successful EV ecosystem include:
? Choice of electric vehicle models available ? Choice of charging infrastructure ? Grid integration and pricing model structure ? Backend infrastructure and EV business models ? Incentive models for commercial and personal use ? Choice of EV ecosystem partners“Singapore is well-placed to test emerging technologies,? said Cort Isernhagen, vice president for IDC Industry Insights. ?Singapore’s technology-savvy consumers, forward-looking government, diverse cross section of industries and world-class infrastructure provide an excellent test bed for innovative electric vehicle business scenarios and models at a significantly reduced risk.? Although the Singapore e-Mobility project (the EV Test Bed) is not the first in Asia to pilot EV adoption, it is still unique in some aspects.
? It defines the feasibility of EV adoption in a small country with high population density. ? It defines pricing and business models for public charging. ? It outlines the incentive programs required of EV manufacturers and government to speed up the adoption process. ? It looks at the benefits and challenges of EV adoption in a population that is very tech-saavy with high internet usage.]]>